1216 Road 900eCarmanIL61425
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Carman at 1216 Road 900e, Carman, IL, 61425 earns $1,469/mo cash flow from $2,960/mo rent with a $1,052/mo payment. Total monthly income totals $2,960/mo, and annual cash flow totals $17,632/yr on $71,224 capital. ROI tracks 44.66% on current figures, and rental yield reads 16.53% at a $214,854 purchase. Equity gained on principal adds $1,386/yr, and 5% annual appreciation supports $59,360 over five years. Five-year ROI reaches 236.64% and total cumulative return in cash sums $168,543. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,960/mo property income instead of your personal income.
Single Family
Built in 1998
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61425, Carman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 202 (100%) |
| Owner Occupied HU | 99 (49.0%) |
| Renter Occupied HU | 9 ( 4.5%) |
| Vacant Housing Units | 94 (46.5%) |
| Median Home Value | $154,808 |
| Average Home Value | $152,778 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
10
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